21 pip movement on GBPUSD expected

Based on the last 12 Continuing Jobless Claims events in United States, we expect a 21 pip movement on GBPUSD within 2 hours following the event release at 08 Oct 23:30 GMT+11. We expect GBPUSD to trend upwards 2 hours following the event release at 08 Oct 23:30 GMT+11 if the released value is < 11400K Historical events that allowed us to draw this conclusion

17 Sep 22:30
13 Aug 22:30
23 Jul 22:30
16 Jul 22:30

All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).